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Betting odds for the presidential election

Discussion in 'BBS Hangout: Debate & Discussion' started by Air Langhi, Oct 22, 2012.

  1. Air Langhi

    Air Langhi Contributing Member

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  2. jopatmc

    jopatmc Contributing Member

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  3. mc mark

    mc mark Contributing Member

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  4. Air Langhi

    Air Langhi Contributing Member

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    It isn't fuzzy math. It doesn't add up to 100% because the book needs to make money.
     
  5. Major

    Major Member

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    Fuzzy math > "I'm right, you're wrong even though I have zero evidence of anything".
     
  6. Raven

    Raven Member

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    The entire right wing media is lying through their teeth trying to convince working class voters to not even bother voting since a Romney victory is inevitable.
     
  7. Rocketman95

    Rocketman95 Hangout Boy

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    Fuzzy math > why is Houston Rocket Dwight Howard wearing a Los Angeles Lakers jersey?
     
  8. RocketMan Tex

    RocketMan Tex Contributing Member

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    Did somebody say fuzzy math???

    [​IMG]
     
  9. Air Langhi

    Air Langhi Contributing Member

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    Odds for today:

    Obama: 4/11 73%
    Romney: 2/1 33%

    Here is an opportunity to use Arbitrage to make money. Unfortunately ladbroker won't let you register from the US.

    The odds at intrade have obama pegged at 58% and ladbroker has romney at 33%. However the probability of one of them winning is a 100%. So there is 9% free money is you live outside the US.
     
  10. Air Langhi

    Air Langhi Contributing Member

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  11. Haymitch

    Haymitch Custom Title
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    lol jopat
     
  12. Commodore

    Commodore Contributing Member

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  13. CCorn

    CCorn Member

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    9999/1 Howard stern is the president. I like that bet.
     
  14. SamFisher

    SamFisher Contributing Member

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    Posted ont his years ago, but these markets usually tend to be a reflection of popular sentiment/polling rather than tapping into any unique wisdom of crowds.
     
  15. Mr. Clutch

    Mr. Clutch Contributing Member

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    While I think these markets are useful, yesterday they had trump instead of rubio in second

    They also had trump winning Iowa. Trumps president odds tanked after losing.

    Like any market it takes into account all available info, so it takes some interpretation
     
    1 person likes this.
  16. KingCheetah

    KingCheetah Contributing Member

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    Turned out to be very accurate.
     

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